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Tag: Binny Bansal

From Rs 10,000 to $1.2 billion -Flipkart’s journey

It was a Rs 10,000-a-month allowance from their parents for almost 18 months that helped Sachin Bansal and Binny Bansal launch an e-commerce site retailing books in October 2007. Today, the about 20% stake they hold, along with the top management, in Flipkart is valued at almost Rs 2,000 crore. Sachin Bansal, the chief executive of Bangalore-based Flipkart, says he has […]

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